All Forum Posts by: Sean Barber

@Joe Splitrock

This is exactly what I was looking for, thanks!

@Joe Splitrock

Thanks for your input. I have asked them to cover the cost and I’m waiting to hear back. I’m not hopeful that they will, that’s why I’m looking at what other options I have. My thoughts are just BBB complaint and leaving reviews for the company. Doesn’t help me, but it may help others.

Long story short... I applied for a refinance of my investment mortgage using a company I have used before. We went through the entire process and I got everything that they asked for to them within 24 hours of their request. Closing day came but nobody scheduled it with me or even notified me. The closing attorney rescheduled with me but the lender never opened their email notification that the loan didn’t close. The day of the next closing the attorney said that we couldn’t close because the lender wasn’t ready. The rate lock had expired and they didn’t extend it because they didn’t open their email. Attorney is blaming the lender and lender is blaming the attorney. Now the lender says I have to pay additional discount points to get the same rate since rates have gone up. Shouldn’t the lender have to eat that cost since it was their error? What options do I have? I’m also out $700 for the appraisal that I paid for out of pocket!

@Krista Dodson I see that it has been about 4 years since you made this post. I’m interested to know what decision you made and if you believe it was the right decision?

Thanks all for your input, good things to consider.

@Greg Parker Do you not require that of the tenants in the lease, similar to light bulbs, smoke detector batteries etc...?

@Ashley Wynn Thanks for the input, a termite bond is something that I was overlooking.

Hey all. Looking for some insight from experienced SFH investors in the Montgomery area on typical OPEX that I may be overlooking. For example, do you provide yard maintenance? What other OPEX is there that I may be overlooking other than the standard PITI, property management, maintenance, vacancies etc...